12 Jun Starting From Scratch Pt. II (Futures)
Starting From Scratch Pt. II (Futures)
June 12, 2024
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Last week we started from scratch using stock examples.
This week we’re doing the same using automated futures examples.
We began with a super high-percentage system in the E-Mini Dow (YM.D). Today we’re going to add a trend following element.
While the Buy Monday YM strategy was participating in an bullishly-biased market, I want something that extracts profit from wild trends.
For that, I need the Nasdaq (NQ).
And we’ll go back to an old Newsletter and use a system that incorporates our beloved Bollinger Bands™.
Here are those details again:
If tech or volatile stocks are trending, this system will capture it.
And it’s also simple so I can understand and follow along, which is critical to someone just starting out.
Here’s what would happen if we combine our YM and this strategy together.
The Report since 2002 trading 1 contract via Portfolio Architect:
The Profit Factor has gone up, the win rate overall is still high, and the drawdown is miniscule.
Here’s the Curve:
It’s not perfect but it’s still up nicely over time (on a sample $25k account).
If we compounded, we could do much better.
In our next Newsletter, we’ll add one more.
Talk to you soon.
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Disclaimer:
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.